A shopkeeper by selling 22 Skechers shoes, earns a profit equal to the selling price of 6 Skechers shoes. His profit percentage is:
Let cost price of a shoe = $$Rs. x$$
Selling price of a shoe = $$Rs. y$$
=> Selling price of 6 shoes = $$Rs. 6y$$
According to ques, => $$22(y - x) = 6y$$
=> $$22y - 22x = 6y$$
=> $$16y = 22x$$
=> $$\frac{x}{y} = \frac{16}{22} = \frac{8}{11}$$
Let Cost price, $$x = 8$$ and selling price, $$y = 11$$
$$\therefore$$ Profit % = $$\frac{y - x}{x} \times 100$$
= $$\frac{11 - 8}{8} \times 100$$
= $$\frac{3}{2} \times 25 = 37.5\%$$
=> Ans - (B)
Create a FREE account and get: